Question: Without drawing a graph, estimate equilibrium price and quantity using the information given in Table 3. TABLE 3 Price $40 20 Quantity Demanded 4 60

Without drawing a graph, estimate equilibrium price and quantity using the information given in Table 3. 

TABLE 3 Price $40 20 Quantity Demanded 4 60 Quantity Supplied 100

TABLE 3 Price $40 20 Quantity Demanded 4 60 Quantity Supplied 100 25

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